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<p>[QUOTE="buyingsilvers, post: 1296900, member: 18821"]Regular insurance doesn't cover coins if you actually read the policy. So all those people paying insurance for coins are basically wasting money. But I've seen cases where they allowed the insurance claim, and some where it was denied. They're all supposed to be denied though... Insured registered mail does cover coins and bullion.</p><p><br /></p><p>Regardless, if you have it insured or not, if the buyer claims they received an empty box, paypal will refund them. If USPS asks them for information and they tell usps the box was empty, your insurance claim with them will be denied.</p><p><br /></p><p>No matter what you do or how many precautions you take, the buyer can always shaft a seller on ebay.</p><p><br /></p><p>If you're serious about selling on ebay, you're probably better off bundling at least 2 sets and shipping registered. Or selling single sets to different buyers to decrease the risk you'll get shafted. Set up a BIN OBO with the BIN price high. That way, you can pick and choose an offer from the most reputable appearing buyer (versus the auction style where you're forced to transact with the highest bidder).[/QUOTE]</p><p><br /></p>
[QUOTE="buyingsilvers, post: 1296900, member: 18821"]Regular insurance doesn't cover coins if you actually read the policy. So all those people paying insurance for coins are basically wasting money. But I've seen cases where they allowed the insurance claim, and some where it was denied. They're all supposed to be denied though... Insured registered mail does cover coins and bullion. Regardless, if you have it insured or not, if the buyer claims they received an empty box, paypal will refund them. If USPS asks them for information and they tell usps the box was empty, your insurance claim with them will be denied. No matter what you do or how many precautions you take, the buyer can always shaft a seller on ebay. If you're serious about selling on ebay, you're probably better off bundling at least 2 sets and shipping registered. Or selling single sets to different buyers to decrease the risk you'll get shafted. Set up a BIN OBO with the BIN price high. That way, you can pick and choose an offer from the most reputable appearing buyer (versus the auction style where you're forced to transact with the highest bidder).[/QUOTE]
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